Bitcoin Forum
November 11, 2024, 02:49:14 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

Pages: « 1 ... 20395 20396 20397 20398 20399 20400 20401 20402 20403 20404 20405 20406 20407 20408 20409 20410 20411 20412 20413 20414 20415 20416 20417 20418 20419 20420 20421 20422 20423 20424 20425 20426 20427 20428 20429 20430 20431 20432 20433 20434 20435 20436 20437 20438 20439 20440 20441 20442 20443 20444 [20445] 20446 20447 20448 20449 20450 20451 20452 20453 20454 20455 20456 20457 20458 20459 20460 20461 20462 20463 20464 20465 20466 20467 20468 20469 20470 20471 20472 20473 20474 20475 20476 20477 20478 20479 20480 20481 20482 20483 20484 20485 20486 20487 20488 20489 20490 20491 20492 20493 20494 20495 ... 33909 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26490970 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ivomm
Legendary
*
Offline Offline

Activity: 1891
Merit: 3094


All good things to those who wait


View Profile
June 04, 2018, 12:33:17 PM
Last edit: June 04, 2018, 01:41:21 PM by ivomm
Merited by BobLawblaw (1)

I am astonished by the stubbornnes of Jihan Wu. Yesterday he and his sockpuppets pumped bcash 10% with the hope for better mining rewards. For several hours they got it, but after a small percentages of miners switched to bcash, the difficulty rose and again their reward is equal to that of mining Bitcoin. How many attempts he needs, to understand that if Bitcoin is not rising there is NO way bcash should be more profitable. In 1.5 days is the next Bitcoin mining adjustment. A new 12% increase in difficulty is expected (https://diff.cryptothis.com/), which means more than 0.6$ loss for an s9 (daily revenue dropping from 6.2 to 5.6$ at the current price). With that pace in 2-3 monts the revenue will drop to 2-3$, not to mention the expenses for electricity and rent, which vary from 1.7$ and 4$. I've been through this situation many times mining eth, zec, etc. Each period, when the mining profit drops to cents, is followed by a period of an extreme increase of the price. The explanation is clear - the miners enter a hibernation state of holding (i.e. not selling everything they mine with a currently small profit). If the rigs are on a loss, they just stop them untill the next increase. Conclusion: The so called 'bear' period is at its end. I expect 2x-4x increase of the price in the coming 6 months/1 year.


gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3015


Welt Am Draht


View Profile
June 04, 2018, 12:48:39 PM

You could buy a 10 bedroom house with about 15 acres of land for that where I live (further north in the UK)

It would be literally impossible to find a house that expensive up north. You'd have to build it yourself and buy it off yourself.
Torque
Legendary
*
Offline Offline

Activity: 3738
Merit: 5337



View Profile
June 04, 2018, 01:35:04 PM


I wish someone would meme this video with the BCash symbol superimposed over the printer.  Grin

https://www.youtube.com/watch?v=N9wsjroVlu8
vroom
Legendary
*
Offline Offline

Activity: 1318
Merit: 1935


a Cray can run an endless loop in under 4 hours


View Profile
June 04, 2018, 01:43:53 PM


I wish someone would meme this video with the BCash symbol superimposed over the printer.  Grin

https://www.youtube.com/watch?v=N9wsjroVlu8

oh come on. bcash is bad but it's nothing compared to printers. printers are the ultimate evil.
infofront (OP)
Legendary
*
Offline Offline

Activity: 2646
Merit: 2842


Shitcoin Minimalist


View Profile
June 04, 2018, 01:50:38 PM



Overdue poll reset. Looks like the trolls, nazis, anarchists, big blockers, and beartards won.  Roll Eyes
sirazimuth
Legendary
*
Offline Offline

Activity: 3528
Merit: 3617


born once atheist


View Profile
June 04, 2018, 01:58:59 PM

Great story from a great mag
Apologies if it already has been posted (week old)

https://www.wired.com/story/wired-lost-bitcoin/?mbid=BottomRelatedStories_Sections_5
klondike_bar
Legendary
*
Offline Offline

Activity: 2128
Merit: 1005

ASIC Wannabe


View Profile
June 04, 2018, 01:59:55 PM

I am astonished by the stubbornnes of Jihan Wu. Yesterday he and his sockpuppets pumped bcash 10% with the hope for better mining rewards. For several hours they got it, but after a small percentages of miners switched to bcash, the difficulty rose and again their reward is equal to that of mining Bitcoin. How many attempts he needs, to understand that if Bitcoin is not rising there is NO way bcash should be more profitable. In 1.5 days is the next Bitcoin mining adjustment. A new 12% increase in difficulty is expected (https://diff.cryptothis.com/), which means more than 0.6$ loss for an s9 (daily revenue dropping from 6.2 to 5.6$ at the current price). With that pace in 2-3 monts the revenue will drop to 2-3$, not to mention the expenses for electricity and rent, which vary from 1.7$ and 4$. I've been through this situation many times mining eth, zec, etc. Each period, when the mining profit drops to cents, is followed by a period of an extreme increase of the price. The explanation is clear - the miners enter a hibernation state of holding (i.e. not selling everything they mine with a currently small profit). If the rigs are on a loss, they just stop them untill the next increase. Conclusion: The so called 'bear' period is at its end. I expect 2x-4x increase of the price in the coming 6 months/1 year.


I think you underestimate him; in terms of both his contribution to bitcoin and his actual understanding of the consensus mechanisms/mining.

but cool you made a meme
Torque
Legendary
*
Offline Offline

Activity: 3738
Merit: 5337



View Profile
June 04, 2018, 02:03:04 PM

Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2386


Viva Ut Vivas


View Profile WWW
June 04, 2018, 02:27:13 PM
Merited by Torque (1), Dunkelheit667 (1)

During this slow period in bitcoin's price, it is time to move forward again.

So sayeth the Antanopolis.

https://www.youtube.com/watch?v=6xIq0FdmsIA
Cassius
Legendary
*
Offline Offline

Activity: 1764
Merit: 1031


View Profile WWW
June 04, 2018, 02:42:38 PM



I do like Hayek's approach. Particularly apt since it looks like Sunday's once-in-a-lifetime opportunity for monetary reform in Switzerland will be voted down.
Hueristic
Legendary
*
Offline Offline

Activity: 3990
Merit: 5430


Doomed to see the future and unable to prevent it


View Profile
June 04, 2018, 02:49:42 PM
Last edit: June 04, 2018, 03:38:47 PM by Hueristic



I remember one example where jews wanted to leave, but the country wanted then to stay. Ended with U.S. sanctions against the country.

Do you have a link?

https://en.m.wikipedia.org/wiki/Refusenik
Check out the picture...

What? They built a Wall to stop ANYONE from leaving, that wasn't specifically targeted at Jews. Eastern Bloc under Stalin was one mass Political Purge as well. He was an equal opportunity piece of shit.

Quote
In addition to the Jews, broader categories included:

    Other ethnicities, such as Volga Germans attempting to leave for Germany, Armenians wanting to join their diaspora, and Greeks forcibly removed by Stalin from Crimea and other southern lands to Siberia.
    Members of persecuted religious groups, such as the Ukrainian Greek-Catholic Church, Baptists and other Protestant groups, Russian Mennonites, and Jehovah's Witnesses.

A typical pretext to deny emigration was the real or the alleged association with state secrets..

That is directly from your link.


https://bitcointopia.org/

Capital of United States Of Bitcoin

Bitcointopia is the capital of a newly formed nation run by Bitcoin appropriations, Blockchain voting & BIP based laws, formed by Articles Of Incorporation, Declaration Of Independence, UN Law & the Treason Act 1949

Hmmm, same number.

Quote
Petscoin - About | Facebook
https://www.facebook.com › Places › San Diego, California › Pet Store › Petscoin
Call (619) 721-3384. HOURS. clock. Always Open. BUSINESS INFO. Founded in 2014. ADDITIONAL CONTACT INFO. contact@petscoin.com. http://www.


LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3710
Merit: 10446


#1 VIP Crypto Casino


View Profile
June 04, 2018, 03:15:40 PM
Merited by El duderino_ (1)

During this slow period in bitcoin's price, it is time to move forward again.

So sayeth the Antanopolis.

https://www.youtube.com/watch?v=6xIq0FdmsIA

These periods of stability & non volatile times always make me happy. It’s nearly always the calm before the storm. People will be accumulating coins steadily, I predict we’ll enter a bullish period by mid August.
Arching_wild
Member
**
Offline Offline

Activity: 252
Merit: 12


View Profile
June 04, 2018, 03:31:20 PM

White paper vs release

BitcoinNewbie15
Sr. Member
****
Offline Offline

Activity: 574
Merit: 296

Bitcoin isn't a bubble. It's the pin!


View Profile
June 04, 2018, 03:38:48 PM

Today may be a bit bloody but I'm kind of expecting a spike to bring it back to $7600.

I'm thinking today is going to get a bit more bloodier. Tomorrow, all of the blood could form some sort of a bath. A bloodbath if you will.

Jokes aside I think we will see $7,300 today, and maybe the bears will battle the bulls at $7000 tomorrow... I think the bears will win though.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
June 04, 2018, 04:11:42 PM

https://bitcointopia.org/

Capital of United States Of Bitcoin

Bitcointopia is the capital of a newly formed nation run by Bitcoin appropriations, Blockchain voting & BIP based laws, formed by Articles Of Incorporation, Declaration Of Independence, UN Law & the Treason Act 1949

Hmmm, same number.

Quote
Petscoin - About | Facebook
https://www.facebook.com › Places › San Diego, California › Pet Store › Petscoin
Call (619) 721-3384. HOURS. clock. Always Open. BUSINESS INFO. Founded in 2014. ADDITIONAL CONTACT INFO. contact@petscoin.com. http://www.

v nice find. totally fishy
Torque
Legendary
*
Offline Offline

Activity: 3738
Merit: 5337



View Profile
June 04, 2018, 04:13:23 PM

During this slow period in bitcoin's price, it is time to move forward again.

So sayeth the Antanopolis.

https://www.youtube.com/watch?v=6xIq0FdmsIA

I really like the quotable statement he made @17:18 referring to the newbs that entered the market during the run up:

Quote from: Andreas Antonopoulos
"They came for the price. Make them stay for the principles."

I.e., help educate them.
b3j0
Full Member
***
Offline Offline

Activity: 714
Merit: 103



View Profile
June 04, 2018, 04:28:02 PM

Today may be a bit bloody but I'm kind of expecting a spike to bring it back to $7600.
currently we are still above $ 7500, but tomorrow maybe we will reach $ 7300. I think we will not go down below $ 7000, we will go back up and will reach $ 8000.
Torque
Legendary
*
Offline Offline

Activity: 3738
Merit: 5337



View Profile
June 04, 2018, 04:29:07 PM
Merited by BobLawblaw (1)

If you guys think "bloody" would be back to $7000.... smh idk
JayJuanGee
Legendary
*
Offline Offline

Activity: 3892
Merit: 11154


Self-Custody is a right. Say no to"Non-custodial"


View Profile
June 04, 2018, 04:32:44 PM

I find way more probability that the moon landing and some of that crap about men going to the moon to be a lot less likely to be true than the nonsense that is spouted out about the earth being flat...

Oh       my     fucking      god
you've got to be shitting me dude....

I don't see what is controversial about my statement... which part of my statement is controversial? 

my doubting of the moon landing or my confidence that the earth is not flat?

Oh I c what u did there.

I did not do anything beyond making a response to a previous post, and an attempted clarification of my posts.  Because of your own inner focused delusions, you seem to trying to read more into the situation than exists.  In other words, just stirring shit.


Different times words mean different things.

Fair enough, and put another way, words also have context.  Any of us can either misunderstand or be misunderstood if we attempt to suggest some universal meaning for words while we ignore or downplay context.


When I grew up and still when I/we (my peers) say fags we mean pansies as in no balls. I couldn't care less if you hump a log or a furry.

O.k.  Now you are getting into the motivation for your post in that you continue to outpour as self-absorbed, self-righteous and defensive about the earlier deletion of your post.  

There is no necessity for you to attempt to defend your nonsense because Infofront has total discretion to have deleted your earlier post for reasons or for no reasons at all, within his own discretion.  Furthermore, after you whined about the post deletion, he chose to provide you with a public explanation in that he had considered that you had gone a bit too far in terms of your tone.  There seems no reason to continue to dwell upon the topic of your deleted post, except perhaps you should just move on.


Wekkel
Legendary
*
Offline Offline

Activity: 3108
Merit: 1531


yes


View Profile
June 04, 2018, 05:03:52 PM

Proper bottoming in this mini cycle demands that we go to $7,000 again, after which we should see an upwards wave to $9,000+

But of course I am too chicken to trade that scenario  Roll Eyes
Pages: « 1 ... 20395 20396 20397 20398 20399 20400 20401 20402 20403 20404 20405 20406 20407 20408 20409 20410 20411 20412 20413 20414 20415 20416 20417 20418 20419 20420 20421 20422 20423 20424 20425 20426 20427 20428 20429 20430 20431 20432 20433 20434 20435 20436 20437 20438 20439 20440 20441 20442 20443 20444 [20445] 20446 20447 20448 20449 20450 20451 20452 20453 20454 20455 20456 20457 20458 20459 20460 20461 20462 20463 20464 20465 20466 20467 20468 20469 20470 20471 20472 20473 20474 20475 20476 20477 20478 20479 20480 20481 20482 20483 20484 20485 20486 20487 20488 20489 20490 20491 20492 20493 20494 20495 ... 33909 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!